The National Bank of Ukraine (NBU) says most of operating banks in Ukraine, or 69 out of 77 solvent banks, in January-March 2019 posted profit, while eight financial institutions completed the first quarter (Q1) with a loss.
The most profitable were such solvent banks as PrivatBank (UAH 7.6 billion, or US$288.5 million), Raiffeisen Bank Aval (UAH 1.1 billion, or $41.8 million), OTP Bank (UAH 793 million, or $30.1 million), PJSC First Ukrainian International Bank/FUIB (UAH 757 million, or $28.7 million), and Prominvestbank (UAH 633 million, or $24 million).
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Five banks posted most losses: Sberbank (UAH 1 billion/$38 million), Bank Credit Dnipro (UAH 488 million/$18.5 million), Ukrsotsbank (UAH 168 million/$6.4 million), Pravex Bank (UAH 25 million/$949,127), and Misto Bank (UAH 9 million/$341,686).
UNIAN memo. Ukraine's operating banks in January-March 2019 posted UAH 12.9 billion, or $489.7 million, in net profit, which was 1.5 times up year-over-year.
